Scotland’s government will extend the Low Carbon Transport Loan to cover used EVs for the first time, starting on September 28. The extension will now enable an individual or business to obtain a loan of up to £20,000, interest free, over five years.
Scotland Stories September 15
Scotland Stories September 13, 2016
As I reported on the new offshore wind strategy by the United States yesterday, Scotland was busy welcoming the beginning phase of the world’s first, and largest underwater tidal energy farm which will be placed off the north coast of Scotland. The first out of the four planned turbines sits at a height of 49 ft, 53 ft in diameter and over 40,000 lbs with a capacity of 1.5 megawatts (MW).
Scotland Stories December 10, 2015
After Mexico yesterday, now it’s Scotland’s turn to get a new Tesla retail location, the first in the country. The automaker opened the showroom today in Edinburgh at the upmarket Multrees Walk shopping center in St Andrews Square, home to other luxury product makers including Louis Vuitton and Harvey Nichols. expand full story
Scotland Stories August 26, 2015
Scotland offers up to £50,000 interest free loans for electric vehicles
Transport Scotland announced earlier this month a new program to offer interest free loans of up to £50,000 for electric vehicles. The number of loans will be limited since the program is financed by a £2.5 million fund. The fund will close on 31 March 2016, applicants have until then to submit their loan requests.